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Corporate GovernanceApr 16, 2026, 04:11 PM

AstroNova Amends Executive Performance Awards for Cash Settlement

AI Summary

AstroNova, Inc. entered into Amendment Agreements on April 10, 2026, for its Stock-Settled Performance Awards (SSPAs) with four key executives, including President & CEO Jorik Ittmann and CFO Thomas DeByle. These amendments grant the Human Capital and Compensation Committee the discretion to settle the SSPAs in cash instead of shares of common stock. All other terms of the SSPAs remain unchanged, providing the company with increased flexibility in executive compensation.

Key Highlights

  • AstroNova amended Stock-Settled Performance Awards (SSPAs).
  • Applies to CEO, CFO, Senior VP, and CTO.
  • Allows cash settlement of SSPAs at committee's discretion.
  • Original SSPA terms remain otherwise unchanged.
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ALOT
Computer peripheral equipment
AstroNova, Inc.

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